CHAMBER EVENT: The Main Line Chamber of Commerce will host A Celebration of Business Leadership on Thursday, June 27, at The Desmond Hotel & Conference Center near Malvern.

The event will salute this year’s business leaders and the Leadership Main Line’s graduating class as they receive recognition for the results they have achieved in leading their businesses and communities to new heights. The chamber announced the winners in the nine business leadership categories:

The presenting sponsors are First Niagara and USI Affinity; the F. Karl Schauffele Community Service Award Sponsor is Main Line Health.

The reception begins at 11 a.m. followed by lunch and program from noon to 1:30 p.m. For more information, visit www.mlcc.org or call the chamber at 610-687-6232.

WENDY’S: Wendy’s is trying to reinvent itself as a purveyor of relatively higher-quality fast food. The problem is that its competitors are aggressively promoting cheap eats and stealing away price-conscious customers.

The Dublin, Ohio, company, which is known for its square hamburger patties and Frosty shakes, on Wednesday reported a first-quarter profit that met Wall Street expectations. But sales fell short of Wall Street’s hopes. The company noted that it lost market share in the value category, which accounts for about 20 percent of the fast-food industry.

In a conference call with analysts, CEO Emil Brolick said Wendy’s plans to adjust its marketing to emphasize the 99-cent portion of its revamped “Right Price, Right Size” value menu, which offers options ranging from 99 cents to around $2. The company had replaced its 99-cent menu in January to boost profit margins and give its franchisees more flexibility in pricing.